Moving to a cheaper country

[Kikerinka]

You just complicate it too much, looking for extremes...
When you move somewhere, you still keep your original nationality, and in a case of a serious medical problem (or something similar), you can fly home anytime and be treated there...
One loses a lots of bonds where moving, true, but some people actually move because of that: They do not like their past or connections back home, and want to start afresh.

I travel a lot as a backpacker (for longer time periods), and I've been to many "2nd tier" and "3rd tier" countries. If you have good communication skills and some guts, you will easily get along with people and enter the community, doing the same things you've been doing back home (playing football, running, going for a drink in the evening, whatever). But if you're a nerd and afraid to talk to strangers, or not willing to accept basic rules of living in another culture, than you rather stay home.

 

[crosscheck]

Very interesting topic because we (wife,kids) are going through this process right now. The #1 reason for us to make this decission is not for financial hardship reasons but for quality of life as a few in the thread has mentioned.

Everyone has different views on "Quality of Life" or a "rich life" for some it is fueled my money, some its happiness or love some even health and safety. Our quality of life is fueled by happiness and for us 100% "happiness" is not in Canada for us at this moment in time.

Don't get me wrong we are happy but not to the fullest extent that I think is possible. I think keeping it simple can fill the gap for me.

Sure Canada has some good benifits compaired to other Countries with freedoms and public education,health care, old age pensions but the society here has this framed process on "how to" live and if you don't you wil strugle.

As a child you are molded to go to school, then either go to university or get a job. Buy a house, grind and work till you are 65 and retire THEN ENJOY LIFE. Enjoy life in a old age home??? fuck that shit !!!

I'm 43 did the school, did the jobs, got married bought the houses.....ya still not 100% happy and definatly not happy thinking about a old age home to enjoy life either.

With the freedom to work anywhere I want (as long as there is internet connection) it mind as well be somewhere else and live a much more simple life, enjoy it and be much more happy for the next 20+ years before I retire.

There are many places where we can live comfortably for a fraction of what we pay to live here which will extend our savings even more.

Two kids have moved out 2 are left, we don't "need" this 5 bedroom house. We don't "need" a TV in every room. We don't "need" 4 computers, 4 mobile phones and 2 ipads. Don't "need" 2 vehicles and a camper. All this shit is Bills and stress.

Quality of life should not include stress this is un healthy and will kill eventually.

Kids here are raised in a society with expectations of needing all this shit but at the end of the day nobody is all that "happy" IMO our kids need to see the rest of the world and see and live like others outside North America do.

We are in this "North American" bubble and really life around the rest of the world is much different.

They need to see and live this and understand life and happiness is not made up of material "things" or money.

 

[Capo Dei Capi]

Is personal responsibility not something that is part of certain cultures? I notice that people are wanting to put the blame of making bad decisions on someone else and blaming that person for not providing a solution to their problems.

 

[magnus99]

Okay that's nice hope you enjoy

 

[Deleted member 969102]

I have thought about it, when I'm older I will definatley consider it for a few years, save up some nice capital

 

[Capo Dei Capi]

Vietnam is a country well for low-income Americans

I can see middle class being able to go, but how is a low income person going to afford a plane ticket?

 

[ThornYewbranch]

move to a county where people ar cool and chill, i am beginning to hate my country for the envy/hate on people's faces, Best of luck!

 

[Purush]

yes most of the people want to move tier 1 country. ya earining is the key here

 

[b6ainy]

Seo do not need Moving

I have many websites in many different countries

 

[Some00ne]

Dude take a one way ticket to Germany...

 

[Capo Dei Capi]

with support from the government for unemployment benefits , I have seen so many people in the country you live well in my country

I doubt many of them worked at mcdonalds flipping burgers before moving.

 

[mogomotsi]

I live in Cape Town, South Africa and i will not move to tier 1 country. Life is here is cheap. With $1000 i can live comfortably. We don't have bad roads or poor internet speeds. Health care is free.
I have many friends from US who live here as well and say they will not go back.

 

[Capo Dei Capi]

Health Care isn't free in South Africa for everyone, its just taken care of instead of needing to spend a few minutes applying for it and paying out of pocket your self. South Africa does have decent in country speeds at least, I've seen 40Mbits. But how much does that drop off to the cities where the Major Data Centers in Europe and North America are located.

 

[THUNDERELVI]

If your business is internet related, you don't need to move. Just form a Corp in a tax heaven country which is friendly to foreigners and doesn't have too many regulations about residence, nationality, exchange control, etc... and you can save taxes legally by up to 40%. This isn't some bullshit theory, I have friends in the US who have done this successfully - in the US, you would pay 40% taxes overall on your earnings (high income levels), but by moving your company oversees, you pay an effective tax rate of just 3% or in some cases even less than 1%. Make a million dollars per year and you won't even have to pay $10k in taxes. So, if this case applies to you and your primary reason for moving is money, start by hitting up your lawyer and discussing how to evade taxes legally. Not having to give more than 1/3 of your hard earned money to blood-sucking governments every month enables you to scale your business much faster by re-investing this amount of capital and get in the "7 figure" percentile quicker. You just need to know where to look!

 

[Capo Dei Capi]

If your business is internet related, you don't need to move. Just form a Corp in a tax heaven country which is friendly to foreigners and doesn't have too many regulations about residence, nationality, exchange control, etc... and you can save taxes legally by up to 40%. This isn't some bullshit theory, I have friends in the US who have done this successfully - in the US, you would pay 40% taxes overall on your earnings (high income levels), but by moving your company oversees, you pay an effective tax rate of just 3% or in some cases even less than 1%. Make a million dollars per year and you won't even have to pay $10k in taxes. So, if this case applies to you and your primary reason for moving is money, start by hitting up your lawyer and discussing how to evade taxes legally!

It isn't this simple, you actually need to have a real office in that country and directors to manage it, and any money brought into the USA would be taxed for personal income tax.

Also the USA is a tax haven in PR and the USVI.

 

[danger12]

I have mixed blessing/curse of living in a country where people earn less than $400-500 a month, and where everything is 5 times cheaper compared to US. Not everything, technology has ~ same price,cars,electronics, i'm talking about everyday living expenses.Internet marketeers have mobility as their main advantage. Few months after discovering this forum i don't work 9-5 anymore, and i'm doing just fine. I am very happy for being my own boss and not working for slave wages offered to my fellow countryman.

Question is for US and other tier1 country residents: have u ever considered moving to cheaper country as a solution for economic hardship? With $1000 /month u are social case in your country, but would be VERY comfortable in another. Rents in my country are $100-200 max , food expenses are $300 a month. IF you did consider, what is main concern, is it unknown destination, prejudice from another culture, fear of not fitting in or something else?

Why don't you move to India .... it's cheap and best country to live ... a lot of people are coming to India from usa and from many euro countries ..

Live in India and you will never regret it

You can find everything here
Nature , Culture , technologies , business opportunities , adventure and most important good people

things are cheap as hell here

if you want to stay in your country wana do some from here India i can help then
I can export clothes , spices , food items at the cheapest price possible ....
I am running Multiple businesses here ...
I have many business ideas .. i need some guys from USA and Euro countries
Pm me if interested ...

 

[Capo Dei Capi]

Why don't you move to India .... it's cheap and best country to live ... a lot of people are coming to India from usa and from many euro countries ..

Live in India and you will never regret it

You can find everything here
Nature , Culture , technologies , business opportunities , adventure and most important good people

things are cheap as hell here

if you want to stay in your country wana do some from here India i can help then
I can export clothes , spices , food items at the cheapest price possible ....
I am running Multiple businesses here ...
I have many business ideas .. i need some guys from USA and Euro countries
Pm me if interested ...

Cheap Isn't always good, its being frugal which is important. There are alot of cheaper older houses/aparments/condos to buy or rent in India, but how safe are they really? http://timesofindia.indiatimes.com/city/delhi/Buildings-safe-in-name-only-Experts/articleshow/49544983.cms http://www.hindustantimes.com/real-estate/how-safe-are-our-buildings/story-LQ823soT0fvhfrkoDWfMaI.html
While there are thousands from the USA that have moved to India, it is actually pretty far down on the list of countries Americans have emigrated to.
That can be find in pretty much every country.

If I am spending even more to make sure I am safe in case of an earthquake than I would be in my current location, how would moving there help? Now If I want to live in India because of the culture and experiencing it, that is a different story all together.

 

[danger12]

Cheap Isn't always good, its being frugal which is important. There are alot of cheaper older houses/aparments/condos to buy or rent in India, but how safe are they really? http://timesofindia.indiatimes.com/city/delhi/Buildings-safe-in-name-only-Experts/articleshow/49544983.cms http://www.hindustantimes.com/real-estate/how-safe-are-our-buildings/story-LQ823soT0fvhfrkoDWfMaI.html
While there are thousands from the USA that have moved to India, it is actually pretty far down on the list of countries Americans have emigrated to.
That can be find in pretty much every country.

If I am spending even more to make sure I am safe in case of an earthquake than I would be in my current location, how would moving there help? Now If I want to live in India because of the culture and experiencing it, that is a different story all together.

Earthquakes are rare in Delhi .... and there are alot of places to live

Yes there are alot of dumb people who haven't made their houses according to guidelines ....

There are many options available you can Find Houses and flats for some reputated Builders

Or you can Build your own house in some cheaper city

 

[Capo Dei Capi]

A cheaper city is going to offer less resources than a modern urban city. Less resources means less earning potential.

Eastern Europe is much better to move to for people from West Europe and The USA, than going to India if IM is their business and they want to reduce costs.

 

[danger12]

A cheaper city is going to offer less resources than a modern urban city. Less resources means less earning potential.

Eastern Europe is much better to move to for people from West Europe and The USA, than going to India if IM is their business and they want to reduce costs.

you didn't read his thread properly .... can you make living under $1000 in eastern part of Europe? Nope

You haven't visited India once that's why you are saying that ...
and India going to become HUB for technologies in next few years